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This "guarantee" did not carry over to the following version of Mega Millions, although the $1 million second prize became $5 million if the Megaplier is 5x. If there are 500,000 tickets in play, the expected before tax value of one ticket for just the Jackpot only is 0. Be sure to include the game(s) you want, your name and your mailing address. We’re looking forward to Saturday’s $570 million Powerball jackpot.

History of Mega Millions When it started in May 2002, Mega Millions replaced the Big Game lottery. Of course you get to pay taxes on any large payout, so your net return is even less. These are the same rates for the Powerball game, too, so you can't really avoid it by playing a certain game, unfortunately.

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Just the Jackpot™ Play offers 2 chances to win the Mega Millions® Grand Prize for $3. Jackpot probability/odds (Payout varies)    The number of ways the first 5 numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,5) = 1.

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The reverse will hold true if the drawing numbers cluster in the low end of the number range.    The above chart shows the probabilities of �No Winners�, �One Winner�, and �Two or more Winners� for various numbers of tickets in play.    Each entry in the following table shows the probability of �K� tickets holding the same winning Jackpot combination given that "N" tickets are in play for a given Mega Millions game. 6 Million 3/30/2012 The Three Amigos Milford Mill, Maryland $218. One ticket from Indiana won the jackpot; the winner chose the cash option.[18] Mega Millions' fourth-largest jackpot, $414 million, was for the March 18, 2014 drawing. If you win, you will pay 40% of your winnings back in taxes - which leaves an expected after tax value of $0. In practice, many people pick numbers based on family birthdays, etc., and thus many tickets will have a preponderance of low numbers. Also if the numbers picked in the drawing are clustered at the high end of the 1-70 range, there will tend to be relatively less �partial match� winners.

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The overall odds of winning any prize are 1 in 24, which is slightly better than that of Powerball, which are 1 in 24. This prize still remains the second-largest jackpot in history. Match 4 out of 5 White numbers and match the Mega number (Payout = $10,000)    The number of ways 4 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,4) = 5. Perseverance Pays Off For MEGA Millions Winner ; On a Friday night, Mark White matched five of six numbers to win a prize worth $219,900. 5 billion.[14] three jackpot-winning tickets had been confirmed (Illinois, Kansas, and Maryland).[15] Mega Millions' second-largest jackpot, $648 million, was for the December 17, 2013 drawing. Match 3 out of 5 White numbers and match the Mega number (Payout = $200)    The number of ways 3 of the 5 first numbers on your lottery ticket can match the 5 White numbers is COMBIN(5,3) = 10.